Topic: What if another altcoin surpasses BTC in value? - page 3. (Read 3999 times)
that is not possible, because the first coin bitcoin is in cryptocurrency and no 1 in cryptocurrency. If that happens maybe the coin ETH (ethereum) will replace bitcoin because ETH (ethereum) coin no 2 in cryptocurrency.
In fact, from time to time there are coins that cost more bitkoin, as a rule their number is small or this speculative price is artificial.
It is possible that over time some coins will overtake BTC at a price, but is it an excuse to immediately throw the BTC and buy other coins?
I count so if the coin has already grown, why buy it on the top?
In the crypto currency the surest way to earn looks like this - you study an interesting start-up, look at the price of coins,
take them at a low price, lodge on a purse and forget for two or three years.
Quite possibly among your investments will be projects that overtake bitcoin at a price))
Now there are a lot of projects that you can invest. I recommend the project of executing a monitor he checked personally.
In Russia, Bitcoin does not enter the official currency because it will be very difficult especially for the elderly.
In the near future, it is possible that altcoins will be more expensive than bitcoin ! Since bitcoin technology is already far behind and bitcoin is expensive only because bitcoin is the first coin and very popular!
In Russia, Bitcoin does not enter the official currency because it will be very difficult especially for the elderly.
Anything is possible but Bitcoin currently enjoys a 10X price premium versus its closest competitor. Another coin, such as ETH could potentially overtake in in market-cap one day, but I still think that would be a few years off. Myself, I hold BTC as well as many of the popular alts, so I would probably continue to hold a variety of promising coins including BTC if it were to ever become dethroned.
everything is possible but at this moment eventhough bitcoim has a big dip at this moment, it very unlikely to happen. bitcoin still enjoys being the number one cryptocurrency. the value is too high for some altcoin at this moment to surpass bitcoin.
I do not see this happening anytime soon. Bitcoin is what everybody thinks when they hear cryptocurrency. The name was barely even scratching the surface of educating the public. To overtake Bitcoin you have to remove all the progress made by saying Bitcoin is the future and that altcoin can serve other purposes. If altcoin exceeds Bitcoin, perhaps the whole market is in a lot of trouble.
in my opinion the possibilities are very far away,because in terms of price BTC has a high price compared to other altcoin.
takes a long time to compete with BTC.
I wouldn't be that confident like your because as I look last year eth is only less than a dollar but it soar up to $1500 in just a year. And currently the price of bitcoin is equivalent to 10x of ethereum meaning ethereum could match bitcoin in the near future because it will have more demand because of its function and uses. takes a long time to compete with BTC.
Getting ETH to pass bitcoin is a very difficult thing. Bitcoin is used in many different areas, because it carries in its own blockchain technology. This has made bitcoin different from other altcoins and is more user-friendly than other altcoins.
So, I'll keep holding the bitcoin until they come back up. I believe in bitcoin. that is my life.
So, I'll keep holding the bitcoin until they come back up. I believe in bitcoin. that is my life.
if bitcoin really falls, I think the main alternative is Ethereum
because since the beginning of this month, I've seen Ethereum have a potential rise higher than Bitcoin
because since the beginning of this month, I've seen Ethereum have a potential rise higher than Bitcoin
Yes, I'm also interested in listening to other opinions! For example, I can not explain it!
It is not likely to happen that the altcoin will beat the performance and the market value of bitcoin in the world trade market.
All altcoins that are operating too long in the market cannot beat bitcoin, how come the new ones can easily defeat them.
All altcoins that are operating too long in the market cannot beat bitcoin, how come the new ones can easily defeat them.
It is possible ETH is on the right track. Especially that the number of units exceeds BTC. In a few years this may be so ...
I guess one day it will inevitably happen - and this is likely to have a huge symbolic value - Bitcoin could crash at that point and perhaps not fully recover any more...
If that happens it means there are great demand for that particular altcoin for it's being accepted by more institutions ,as trader and investor it's natural I would ditch BTC when such tendency are first detected.
What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.
If that would miraculously happen and takeover bitcoin in such a surprising way. Then I think that a lot would jumpship and have to go to that altcoin which would then have an effect in its value more and would increase uniil it becomses inflated that it gets to the point where new people cannot invest into it anymore because of how high it is and then they would experience what bitcoin did with its dips and forks
What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.
Actually, this is not impossible to happen since it is in nature of cryptocurrencies to be volatile and surpass the value of one another. I believe that every movement and changes of each and every cryptos affect one another. This is why for any altcoin to surpass bitcoin is really possible and could happen if bitcoin's value continue to drop down.
That's not possible. Altcoin relies on bitcoin and it is the universal medium for fiat and altcoins. It represents crypto so if any altcoin rises, bitcoin 's price is already far from them so they can't surpass it.
If this happens, of course, investors will divert their investment into altcoin
and of course bitcoin will be left behind
But the possibility of bitcoin replacement is very small, ETH although I do not think I can beat bitcoin
Because here what is needed is trust, and bitcoin has it
Even now there are present some potentially good altcoin and still people even trusting there to invest their money, but i think still it is not so easy, because the if we compare any of the altcoin with bitcoin, bitcoin value is increasing more from time to time. in fact bitcoin users are increasing more than any other currency and upto so one this will continue i do not think that any other altcoin have chance to overcome bitcoin. Bitcoin will remain as the kind for a long long time. and of course bitcoin will be left behind
But the possibility of bitcoin replacement is very small, ETH although I do not think I can beat bitcoin
Because here what is needed is trust, and bitcoin has it
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